CUET Preparation Today
Match List I with List II
Choose the correct answer from the options given below: | ||||||||||||||||||||
A-II, B-III, C-IV, D-I A-IV, B-I, C-III, D-II A-IV, B-III, C-I, D-II A-I, B-IV, C-II, D-III |
A-IV, B-III, C-I, D-II |
Marginal propensity to consume (MPC): it is the change in consumption per unit change in income. It is denoted by c and is equal to ∆C/ ∆Y . Marginal propensity to save (MPS): it is the change in savings per unit change in income. It is denoted by s and is equal to 1− c . It implies that s+c =1 . Average propensity to consume (APC): it is the consumption per unit of income i.e., C/Y . Average propensity to save (APS): it is the savings per unit of income i.e., S/Y . | ||||||||||||||||||||
